Central Europe Media Enterprises

"U.S.-controlled media investor Central Europe Media Enterprises (CME), denied a national license last June, purchased 89% of the cable/satellite network TV3 and will reportedly reach as much as 60% of Hungary’s TV market with more than 10,000 hours of hot programs (including top international titles) that it purchased in anticipation of winning a terrestrial frequency." [1]

"Vadim Rabinovich is a citizen of Israel. In 1980 he was charged with stealing state property and spent 9 months in a jail. In 1984 he was arrested and sentenced to 14 years in prison for his black market activities . He was released in 1990. In 1993 he became a representative of the Austrian company “Nordex” in Ukraine. The company received exclusive rights to sell Russian oil from president Kuchma . In 1997 Rabinovich became president of the All-Ukrainian Jewish Congress, and in 1999 he was elected head of the United Jewish Community of Ukraine. Also in 1999, Rabinovich created the Jewish Confederation of Ukraine. That same year the Associated Press estimated his wealth as $1 billion. Rabinovich owns Central Europe Media Enterprises, which controls television stations in seven East European countries." [2]